Multipurpose rates keep soaring
MPP rates keep soaring due to the tumultuous container market and a shortage of available tonnage. Daily rates of USD 20,000 are on the horizon, writes Toepfer in an assessment.
by JENS THOMSEN
Following 17 months of steadily rising rates for multipurpose vessels (MPP), daily rates could be reaching USD 20,000 per day, according to Toepfer's MPP index.
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Multipurpose market red-hot but short on capacity
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